Tesla, CEO Elon Musk’s settlement with SEC gets a nod from US Judge
The settlement between a federal regulator, Tesla and its CEO, Elon Musk has been approved by a US Judge. With this, a difficult period for Tesla’s investors has come to an end which started after Elon Musk tweeted that he has secured an investment to take the company private.
Post the announcement, Tesla’s shares rose around 5.5% to $273.88 but then fell to $271.63 on Nasdaq, according to Reuters. However, even then, stocks are still 20% less than what they were prior to August 6. It was on August 6 that Elon Musk took to Twitter and said that he will be taking the company private.
And now, the motion filed by the US Securities and Exchange Commission which highlights the agreement with Tesla and Elon Musk has been approved by Judge Alison Nathan of the US District Court for the Southern District of New York.
A Tesla spokesperson confirmed the settlement, but did not comment any further on the matter.
According to the agreement, Musk has to a fine of $20 million and step down as the chairman for the next three years. He agreed to this to settle the charges that has to the potential to make him leave Tesla. Even though the company has not been charged with fraud, it will be paying a fine of $20 million too.
Tesla also must appoint an independent chairman, two independent directors and a board committee that will control Elon Musk’s communications. Including his Twitter account.
It was last month that Musk got accused of fraud for his “false and misleading” tweets in August by the US Securities and Exchange Commission.
Earlier this month on October 4, when Musk and SEC were asked by Judge Nathan to explain why their settlement was just, Musk took to Twitter to mock the SEC. His tweet read, “Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!”
Just a day after Musk’s tweet was posted, billionaire investor David Einhorn’s Greenlight Capital hedge fund criticized Tesla and said that Musk had been deceptive. He further said that Tesla’s situation was similar to Lehman Brothers right before the company collapsed. This led to a fall in the electric carmaker’s shares by 7%.
Tesla now has time till November 13 to appoint a new Chairman and according to a report in The Financial Times, Twenty-First Century Fox Inc CEO James Murdoch is a lead candidate for the role. However, Musk has said that the report is incorrect.
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Google Pixel 3, Pixel 3 XL go on pre-orders in India
If you want to buy the Google Pixel 3 or Pixel 3 XL smartphone, your wait is almost over. Google’s latest flagship devices are now available on Airtel’s Online Store. You can pre-order the device for yourself right away, but the delivery of smartphones will only begin on November 3.
The smartphones can be purchased at down payments and EMI plans that come with a built-in postpaid plan, which includes data, unlimited calling and premium content.
If you are planning to pre-order the smartphone via Airtel Online Store, you would have to pay Rs 17,000 as the down payment of Google Pixel 3, and Rs 20,000 and Rs 29,000 for 64GB and 128GB variants of Google Pixel 3 XL respectively.
Google Pixel 3’s base model in India is priced at Rs 71,000, while the 128GB variant costs Rs 80,000. Speaking of Google Pixel 3 XL, the 64GB version bears a price tag of Rs 92,000, while the 128GB model costs Rs 83,000.
Both the smartphones sport a dual front camera setup with 8MP+8MP sensors and feature a 12.2MP camera on the back panel. Google Pixel 3 and Pixel 3 XL’s camera app comes with the much talked about ‘Top Shot’ feature. With Top Shot, the Pixel smartphones have the ability to automatically capture alternate shots in HDR so that you can choose from them later.
The two smartphones also come with a Group Selfie feature that, according to the company, captures 184% more area than iPhone XS. Another feature that enhances photos taken in dimly lit areas is Night Sight.
Google Pixel 3 and Pixel 3 XL are powered by the most powerful processor in the world — Qualcomm Snapdragon 845. They come with 4GB RAM and Adreno 630 GPU. The smartphones also have Pixel Visual core, Titan M Security Module and comes with IP68 dust and water resistance. They run Android 9.0 Pie out of the box.
Although they wary in terms of display and battery, they batteries of both the smartphones support 18W fast charging and Qi wireless charging.
Google Pixel 3 and Pixel 3 XL smartphones are available in Just Black, Clearly White and Not Pink colour options.
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This Android smartphone is more expensive than the iPhone XS Max
It seems like Huawei doesn’t want to launch a flagship without collaborating with Porsche for a limited edition smartphone. The company yesterday launched its flagship smartphones Huawei Mate 20, Huawei Mate 20 Pro and Huawei Mate 20X at an event in London.
The fourth smartphone that it launched was Huawei Mate 20 RS Porsche Design. It comes with same set of specifications as Huawei Mate 20 Pro, but has an upgraded design. While the entire front panel is occupied by the display of the smartphone, the back panel sports all the aesthetic differences.
When you flip over the device to see its back panel, you will see a glass stripe races down the length of the smartphone with soft leather on both the sides. There are two colour options available if you wish to buy the Huawei Mate 20 Porsche Design. One is Black on Black variant and the other is a limited edition Red on Black model. It is worth noticing that the Red on Black model will only be available in China.
Another difference in the handset is its RAM and storage. While Huawei Mate 20 Pro mobile comes with 6GB RAM and 128GB storage onboard, Huawei Mate 20 RS Porsche Design has an 8MP RAM clubbed with 256GB internal storage or a massive 512GB of inbuilt storage.
However, you’ll have to pay a lot if you indeed are smitten enough by the design of the Android device to buy it. The 6GB RAM variant is priced at €1,695, and the 8GB RAM model can be picked up at €2,095. It is worth noticing that in Europe, the price of the 512GB storage version of iPhone XS Max starts at €1,649, which means that Huawei Mate 20 RS Porsche Design exceeds it price by €50.
Huawei Mate 20 RS Porsche Design features a 6.39-inch QHD+ curved OLED display, and has an aspect ratio of 19.5:9. The smartphone sports an indisplay fingerprint sensor and has IP68 rating, making it is water and dust resistant.
The leather clad smartphone sports a triple rear camera setup with 40MP+20MP+8MP sensors. The rear cameras come with LED flash and Super HDR. For selfies and video calls, the front panel of the smartphone houses a 24MP RGB camera that comes with 3D facial unlock and 3D live emoji with GIF and MP4 files. Huawei Mate 20 RS Porsche Design houses a 4,200mAh battery.
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This is when Xiaomi Mi Mix 3 is getting launched
Xiaomi Mi Mix 3 smartphone is all set to be launched at an event in China that is scheduled for October 25. Xiaomi has made it official that the third generation of its Mi Mix flagship range will be unveiled this month. Much like other smartphones in the Mi Mix series, Xiaomi Mi Mix 3 will also feature a bezel-less design and come with high-end specifications.
It is worth noticing that a teaser which leaked earlier this month revealed that Xiaomi Mi Mix 3 smartphone will be launched at Nanjing Sports Centre. The development regarding the launch of Mi Mix 3 has been confirmed on Xiaomi’s official Weibo account and also by Donovan Sung, the company’s official spokesperson, on Twitter.
A number of speculations and rumours about the upcoming device have surfaced online since the last few weeks. It is expected that the smartphone will come with 5G capabilities because it sports a 5G+ logo on the status bar. Xiaomi’s President Lin Bin also teased a camera slider. But rather than the one we saw on Oppo Find X, Xiaomi Mi Mix 3 mobile is likely to sport a camera slider similar to Honor Magic 2. Reports also suggest that Xiaomi Mi Mix 3’s camera slider could come with both front and rear cameras. This is because the company has teased a nearly bezel-less display that comes without a notch, much like Vivo Nex. Xiaomi has also teased on Weibo two features of the upcoming smartphone. In the picture shared by Xiaomi, two cards are place together and one says 5G, while the other says 10G. The same image has also been shared on Sung on his Twitter handle. The ‘5G’ obviously means that Xiaomi Mi Mix 3 will come with 5G capabilities, and the 10G points towards the presence of 10GB RAM on the device. What makes us even more sure is the fact that Sung said in his tweet, “5G speeds, 10GB RAM, 8 days left.” If this turns out to be true, then Xiaomi Mi Mix 3 will be one among the first smartphones ever to arrive with that much memory.Two years ago, we launched the first generation Mi MIX.
— Donovan Sung (@donovansung) October 16, 2018
On Oct 25, we'll be officially launching #MiMIX3 in Beijing! ❤️#Xiaomi pic.twitter.com/dnULlEOdUU
However, 6GB RAM and 8GB RAM variants of the smartphone are also expected. While the 6GB RAM model will come with either 64GB or 128GB inbuilt storage, the 8GB RAM variant is expected to have either 128GB or 256GB storage onboard. Xiaomi Mi Mix 3 will reportedly sport a Samsung QHD+ AMOLED display and will be powered by Qualcomm Snapdragon 845 processor. The upcoming Android smartphone is expected to feature a 20MP selfie camera. For more details, we will have to wait till October 25, but we’ll keep you updated as more information about the device surfaces. For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook, Instagram and YouTube.5G speeds, 10GB RAM, 8 days left. ❤️ #Xiaomi #MiMIX3 https://t.co/SYCnyDx2eJ
— Donovan Sung (@donovansung) October 17, 2018
Asus Zenfone Max M1, Asus Zenfone Lite L1 launched in India: Price, specs and more
Taiwanese electronics company Asus has today expanded its lineup in India with two next smartphones. The smartphone maker has launched Asus Zenfone Max M1 and Asus Zenfone Lite L1 in the budget segment of the Indian market.
Both the smartphones are powered by Qualcomm’ Snapdragon 430 processor and run Android 8.0 Oreo out of the box. They both sport a fingerprint sensor as well as the face unlock technology. Let’s take a look at all the specifications and pricing details of the newly launched smartphones:
Asus Zenfone Max M1, Zenfone Lite L1 price and availability
Asus Zenfone Lite comes with 2GB RAM and 16GB storage and is priced at Rs 5,999, the Asus Zenfone Max M1 has 3GB RAM and 32GB onboard storage and bears a price tag of Rs 7,499. It is worth noticing that originally, the price of the smartphones was Rs 6,999 and Rs 8,999 respectively. But with festive season offers, they have been reduced by Rs 1,000 and Rs 5,00 respectively. Both the smartphones will be available exclusively on Flipkart during the website’s Festive Dhamaka Days sale.
As a part of the launch offers, buyers will get Rs 2,200 cashback and 50GB of additional data from Reliance Jio. Flipkart Complete Mobile Protection Plan can also be availed by customers at Rs 99.
Asus Zenfone Max M1 specifications
Asus Zenfone Max M1 smartphone features a 5.45-inch HD+ IPS display that comes with an 800:1 contrast ratio. Powered by Qualcomm Snapdragon 430 processor, the smartphone comes with 3GB RAM and 32GB of internal storage. Additionally, buyers will also be getting 100GB of Google Drive storage.
For imaging duties, there is a 13MP primary camera with f/2.0 aperture and 5p lens. The camera app of the smartphone can record FHD videos and Timelapse and comes with the Beauty Live feature that the company launched with Asus Zenfone Live. Modes of Asus Zenfone Max M1 include Portrait, Beauty, HDR, Panorama, and more.
There is an 8MP front facing snapper for selfies and video calls that comes with an LED flash, Beauty Live feature and has modes like Portrait, Beauty, HDR, etc. Asus Zenfone Max M1 houses a 4,000mAh battery and comes with standard connectivity options.
Additional features of the smartphone include AppLock and Hidden Cabinet which, as the names suggest, hides apps and folders of your choice with biometric security. The smartphone comes with a Face Unlock feature as well as a fingerprint sensor on its back panel. The smartphone is available in Black and Gold colour options.
Asus Zenfone Lite L1 specifications
Most of the specifications of Asus Zenfone Lite L1 are identical to Zenfone Max M1’s. But there are a few things that set them apart. Asus Zenfone Lite comes with 2GB RAM and 16GB onboard storage, has houses a 3,000mAh battery. The selfie camera that the smartphone sports is a 5MP instead of Zenfone Max M1’s 8MP. Also, it only comes with Face Unlock technology and does not have a fingerprint sensor.
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Huawei Watch GT, Band 3 Pro launched: Price and specifications
After weeks of speculations and rumours, Huawei unveiled its Mate 20 smartphone lineup at an event in London. But we got to see more than smartphones at the event, as Huawei Watch GT and Huawei Band 3 Pro were also launched yesterday.
Huawei Watch Gt runs the company’s Light OS platform and is powered by Cortex-M4 chipset with low power and high power processors. These promise an extended battery life of Huawei’s smartwatch.
The company has claimed that Huawei Watch GT’s battery will last 30 days if you only receive notifications – with heart rate tracking and GPS turned off.
Otherwise, the battery of the smartwatch will last two weeks which includes heart rate monitoring of low and high intensity, and if your usage is extremely heavy and you use GPS, heart rate sensor and always on screen, the smartwatch will last till 22 hours.
Huawei Watch GT is made of 316L stainless steel, has ceramic bezels, features a 1.39-inch AMOLED display and sports and dual crown. The smartwatch is available in two variants — Sport and Classic.
Both the variant of Huawei Watch GT come with 5ATM water resistance, which means you can easily take it with you for a swim.
The smartwatch also comes with an optical heart rate sensor that uses 6LEDs and comes with Huawei’s TruSeen 3.0 technology which, the company says is very efficient in reading users’ heart rate and gets better by learning over time.
Huawei Watch GT has GPS functionality which can be used to track users’ daily activities while being connected to the Health Assistant app. The smartwatch also comes with a built-in altimeter has the ability to track users’ steps and sleep.
While Huawei Watch GT Sport is priced at €199, Watch GT classic will bear a price tag of €249.
The company also announced Huawei Band 3 at the event. Priced at €99, the Huawei Band 3 sports a 0.95-inch AMOLED touchscreen and comes with a hear rate sensor and GPS. Much like Huawei Watch GT, the fitness tracker also offers 5ATM water resistance. The company has said that the tracker will last up to 20 days with normal usage.
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The company also announced Huawei Band 3 at the event. Priced at €99, the Huawei Band 3 sports a 0.95-inch AMOLED touchscreen and comes with a hear rate sensor and GPS. Much like Huawei Watch GT, the fitness tracker also offers 5ATM water resistance. The company has said that the tracker will last up to 20 days with normal usage.
For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook, Instagram and YouTube. OnePlus 6T launch event invites to go live on October 17
Are you a die-hard OnePlus fan and you can’t wait for the company’s next flagship OnePlus 6T? If the answer to that it yes, then you’ll be happy to know that this time, you can also attend the launch event of the company’s upcoming flagship device.
But for being a part of OnePlus 6T’s launch event on October 30, you will have to purchase the launch invites. And you can do the same starting October 17 from OnePlus India’s official website. The sale of the invites will begin at 10:00am and one invite will cost Rs 999.
If you choose to go to watch the launch event of OnePlus 6T, you will also get to visit the experience zone there to take a better look at the flagship smartphone. Those who attend the event will also get a gift hamper by the company comprising of OnePlus Bullets Wireless, a OnePlus Pin Set and a OnePlus Sketch Book. The company will also give vouchers Rs 999 that can be availed at OnePlus India’s official website.
OnePlus has also added that the tickets that are being sold for the launch event are limited in number so those who are interested must be ready to grab the invites as soon as they go live at 10:00 am on October 17 at OnePlus India’s official website.
As we mentioned earlier, OnePlus 6T will be launched in New Delhi on October 30 at KDJW Stadium inside Indira Gandhi Sports Complex. It is worth noticing that the global launch of OnePlus 6T will take place in New York City on October 30 at 11am EDT. So basically, the India launch of the smartphone is scheduled to begin at the same time as its global launch.
In case you cannot make it to the event that day and still want to watch the upcoming Android flagship smartphone getting launched, you can do so by tuning into the livestream at the company’s official website.
OnePlus 6T has been up for pre-orders in the country since October 9 and interested buyers can book the device for themselves at Amazon India’s website, Croma outlets and at OnePlus offline stores.
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Huawei Mate 20, Mate 20 Pro, Mate 20 X launched: Price and specifications
After weeks of rumours and leaks, Huawei has finally taken wraps off its Mate 20, Mate 20 Pro and Mate 20 X smartphones at an event in London today. The smartphones from Huawei Mate 20 lineup feature a triple rear camera setup, are powered by the latest flagship HiSilicon Kirin 980 7nm processor, and come with 40W Huawei SuperCharge technology. Huawei Mate 20 Pro also sports an indisplay fingerprint sensor.
Huawei Mate 20 X, on the other hand, has a 7.2-inch display and has support for the company’s M-Pen stylus. Huawei has also launched the world’s first Nano memory card, which is said to be 45% smaller than an average microSD card.
Huawei Mate 20, Mate 20 Pro, Mate 20 X price
Huawei Mate 20 comes has been launched in two variants, one with 4GB RAM and the other with 6GB RAM. Both the variants come with 128GB internal storage and are priced at EUR 799 and EUR 849 respectively. The Huawei Mate 20 Pro only comes with 6GB RAM and 128GB inbuilt storage and bears a price tag of EUR 1049. There’s plenty of choice if you are interested in buying either of the two smartphones as they are available in five colour options – Emerald Green, Twilight, Midnight Blue, Pink Gold and Black.
Huawei Mate 20 X mobile will only be available in 8GB RAM and 128GB storage variant and will cost EUR 899. It will be available in Midnight Blue and Phantom Silver colour options.
However, there is no word on the pricing or availability of the three smartphones in India.
Huawei Mate 20, Mate 20 Pro, Mate 20 X specifications
Huawei Mate 20 features a 6.53-inch full-HD+ RGBW display that has an aspect ratio of 18.7:9 aspect ratio and comes with 88.07% screen to body ratio. Powered by HiSilicon Kirin 980 7nm SoC with dual AI processor, the smartphone is available in the RAM and storage variants we mentioned earlier. Huawei Mate 20 houses a 4,000mAh battery that supports 40W Huawei SuperCharge technology. The smartphone runs Android 9.0 Pie skinned with EMUI 9.0. For imaging duties, the Mate 20 sports a Leica triple rear camera setup that comes with a 16MP ultra wide angle primary sensor, a 12MP wide angle secondary sensor and a third 8MP telephoto sensor. The smartphone also has an LED flash and SuperHDR. On the front, there is a 24MP selfie camera. Connectivity options of the smartphone include 4G LTE, Wi-Fi, Bluetooth v5.0, GPS/ A-GPS, and a USB Type-C port.
Speaking of Huawei Mate 20 Pro, it sports a 6.39-inch QHD+ curved OLED display, and has an aspect ratio of 19.5:9, 86.9% screen-to-body ratio, and high colour saturation. The smartphone also comes with an indisplay fingerprint sensor and has IP68 rating, which means that it is water and dust resistant.
Huawei Mate 20 Pro also sports a triple rear camera setup with a 40MP primary wide angle sensor, a 20MP secondary ultra wide angle sensor, and an 8MP 3X telephoto sensor. The rear cameras of the smartphone are clubbed with LED flash and Super HDR. For selfies and video calls, there is a 24MP RGB camera on the front panel of the smartphone. The front facing camera comes with support for 3D facial unlock and 3D live emoji with GIF and MP4 files. It houses a 4,200mAH battery and has support for wireless charging.
Coming to Huawei Mate 20X, the phablet by the Chinese technology company comes with a 7.2-inch FHD+ OLED display that has an aspect ratio of 18.7:9. It has support for Huawei M-Pen. It has a massive 5,000mAh battery and the company claims that battery backup of the smartphone is up to 23 hours of video playback. Huawei Mate 20 X also sports a Leica triple rear camera setup with 40-megapixel primary sensor, a 20-megapixel telephoto sensor and an 8-megapixel ultra wide-angle sensor. The smartphone comes with IP53 water and dust resistance rating.
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Lenovo A5 with 4,000mAh battery launched in India: Price, specifications and more
Lenovo today expanded its budget lineup in the country with the launch of its A5 smartphone. The Lenovo A5 smartphone defies the current trend and comes without a notch on its display. It has a fingerprint sensor on its back panel and houses a massive 4,000mAh battery. The smartphone was launched along with Lenovo K9, which is the successor of the company’s K8. It is worth noticing that Lenovo A5 smartphone was announced in China in June this year. Here, we tell you the pricing and specification details of the smartphone.
Lenovo A5 price in India
Lenovo A5 will be available in two storage variants in India. While one comes with 2GB RAM and 16GB internal storage, the other comes with 3GB RAM and 32GB onboard storage. The base model is priced at Rs 5,999 and the 3GB RAM version is priced at Rs 6,999. You can pick the smartphone up from Flipkart, and one can click on the ‘Notify Me’ button to know more about the availability of the device.
Lenovo A5 specifications
Lenovo’s new budget smartphone features a 5.45-inch HD+ IPS display that comes with an aspect ratio of 18:9. The dual SIM smartphone runs Android 8.1 Oreo skinned with ZUI 3.9. Powered by a 1.5GHz quad-core MediaTek MT6739 processor, the smartphone comes with either 2GB or 3GB RAM.
While the 2GB RAM variant comes with 16GB onboard storage, the 3GB RAM version has 32GB internal storage. If users require more storage on the device, they can install a microSD card of up to 256GB.
For imaging duties, the Lenovo A5 mobile sports a 13-megapixel camera which comes with f/2.2 aperture, autofocus and monochrome flash. There is also an 8MP front facing snapper for selfies and video calls. The selfie camera of the device comes with an f/2.2 aperture. One among the key highlights of the smartphone is its massive 4,000mAh battery. The smartphone also houses a fingerprint sensor on its back panel.
Connectivity options on the Lenovo A5 smartphone include Wi-Fi, Bluetooth 4.2, a micro-USB port, and a 3.5mm jack. The latest offering by Lenovo comes with an accelerometer, ambient light sensor and a proximity sensor.
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Lenovo K9 with four cameras launched in India: Price, specifications and more
After being absent for a year from the Indian market, Chinese smartphone manufacturer Lenovo is back with its brand new smartphone K9. Lenovo K9 is the successor of last year’s K8 smartphone and it sports dual rear cameras at the front as well as at the back panel. The smartphone comes with an updated camera and an improved design, but falls short of its predecessor as far as the battery goes.
Here are all the pricing and specification details of the newly launched Lenovo K9 smartphone that you should know about:
Lenovo K9 price and availability in India
Lenovo K9 mobile is only available in 3GB RAM/32GB internal storage variant in India and bears a price tag of Rs 8,999. The smartphone is available in Black and Blue colour options in the country. Lenovo K9 will be sold exclusively via Flipkart and those who wish to buy the smartphone can go to the website and hit on the ‘Notify Me’ button to register their interest.
Lenovo K9 specifications
Lenovo K9 features a 5.7-inch HD+ display that has an aspect ratio of 18:9 and comes with 2.5D glass protection. The dual SIM smartphone is powered by 2.0GHz MediaTek MT6762 octa-core processor paired with 3GB RAM. The smartphone comes with 32GB of internal storage and can hold a microSD card of up to 128GB.
In terms of cameras, the smartphone comes with a dual rear camera setup with 13MP+5MP sensors. While the 13MP primary sensor comes with f2.2 aperture, 1.12 micrometer and PDAF, the 5MP secondary sensor has f2.4 aperture, 1.12 micrometer and color correlated temperature.
Besides this, the smartphone also has dual selfie cameras with 13MP and 5MP sensors. While the 13MP selfie camera comes with autofocus, f2.2 aperture and 1.12 micrometer, the 5MP front facing snapper comes with f2.2 aperture, 1.12 micrometer and selfie light.
The smartphone runs Android 8.1 Oreo skinned with ZUI and houses a 3,000mAh battery. It is worth noticing that Lenovo K8 packed a 4,000mAh battery.
Connectivity options on the smartphone include LTE, Wi-Fi, Bluetooth, USB Type-C, 3.5mm audio jack among others.
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